El Nino 2026: Why is India worried?
The US–Iran conflict has already disrupted India’s pre-war macro stability; As energy shocks are being absorbed, the growth-inflation dynamics now face a potential El Niño. NOAA (April 2026) gives a 61-70 percent chance of El Niño emerging in June–August 2026 and lasting through the end of the year. The IMD pegs a 31 per cent…
